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The Specialty Chemicals Market was worth USD 350.12 billion in the year 2014
and is expected to reach approximately USD 575.16 billion by 2023, while
registering itself at a compound annual growth rate (CAGR) of 5.76% during the
forecast period.

Report Overview:
On the basis of Product, the worldwide Specialty Chemicals market is segmented
into CASE, Agrochemicals, Electronic Chemicals, Construction Chemicals,
Specialty Polymers & Resins and other products. Construction chemicals are
anticipated to rise as quickly developing items inferable from the extensively
popularity for specific waterproofing mixes, tile settling cements, joint
fillers, repair and remodel mixes among others. Popularity for work particular
chemicals inferable from progressing consumer and modern item life cycles has
cultivated industry development as of late. Developing concerns in regards to contamination
and natural corruption have produced popularity for elective applications that
add to bring down ozone harming substance (GHG) emanations, for example,
water-based paints, biodegradable plastics, sun oriented fueled and
rechargeable gadgets.

On the basis of Application, the worldwide Specialty Chemicals market is
segmented into Automotive, Construction, Agriculture, Industrial Manufacturing,
Consumer Goods and other applications. Automotive section is relied upon to
remain a quickly developing application with popularity for paints, coatings,
oils, glues and others to decrease weight and encourage cost investment funds.
The construction segment is likewise creating high chemicals request, to give
extra security in structures, diminish utilization of water and bond while
raising undertakings, and lift general building life expectancy.

Regional Outlook:
Asia Pacific is foreseen to remain the quickest developing business sector as
the quantity of players in this area has risen fundamentally lately, while the
district itself has the upside of low crude material and work costs. Nations,
for example, India, Thailand, Malaysia, and Singapore are required to produce
appeal as their economies develop and enhance, making huge potential for
speculators looking for undiscovered open doors in these business sectors.
Demand in Central and South America (CSA) is expected to develop also, as the
development, electronics and automotive sectors get a move on in nations, for
example, Peru, Colombia, and Chile.

About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence,
and consulting services to help clients make more informed decisions. It
provides both syndicated as well as customized research studies for its
customers spread across the globe. The company offers market intelligence
reports across a broad range of industries including healthcare, chemicals
& materials, technology, automotive, and energy.

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